500 E Commerce St - Fast Food FOR SALE


Brownwood, TX 76801
$4,999,000 USD
702-836-3785
500 E Commerce St, Brownwood, TX for Sale
$4,999,000 USD
Fast Food - FOR SALE
1/8
null | 4.81% Cap Rate

500 E Commerce St
Brownwood, TX 76801


HIGHLIGHTS

  • Chick-fil-A has been a tenant at this property since 2020 | Corporate Guaranty | Land & Building = Depreciation
  • New Fifteen (15) Year Lease | NOI $240,409 (As of 12/01/2025) |
  • Lease Commencement Date - November 5, 2020 | Lease Expiration Date - November 30, 2035
  • Thirteen (13) Five (5) Year Options | Ten Percent (10%) Increases Every Five (5) Years | Absolute Triple Net (NNN) Lease
  • Zero Landlord Responsibilities | Tenant Pays Common Area Maintenance (CAM), Real Estate Taxes, and Insurance | Tenant Maintains Property
  • Management Free Investment | Fee Simple Ownership | Texas Tax Free State

OVERVIEW

Colliers International is pleased to present the opportunity to acquire the fee simple interest, in 500 E. Commerce Street, Brownwood, Texas 76801, an approximate 4,990 square foot Chick-fil-A restaurant constructed upon an approximate 1.46 acre parcel. The subject property is located on E. Commerce Street in the heart of Brownwood, Texas.  The property is located among some of the countries best retailers, including Walmart, Home Depot, Kroger, Aldi, Walgreens, CVS, Tractor Supply Co., Auto Zone, and O’Reilly’s. Restaurants located in the immediate trade area include Buffalo Wild Wings, Starbucks, Whataburger, Popeye’s, KFC, Taco Bell, and McDonald’s. Adjacent traffic generators for the subject property include Comfort Inn & Suites, Hampton Inn and La Quinta Inn & Suites. Chick-fil-A signed a fifteen (15) year lease with thirteen (13) five (5) year options.  The lease is an absolute triple net (NNN) lease with zero landlord responsibilities. The lease has a corporate guaranty. This is a land and building acquisition. There are approximately 876 residents within a 1-mile radius; 16,290 residents within a 3-mile radius; and 24,442 residents within a 5-mile radius. The estimated average household income is $44,826 within a 1-mile radius; $71,793 within a 3-mile radius; and $75,200 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$4,999,000 USD

PRICE/SF

$1,457 USD /SF

CAP RATE

4.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

Commercial

APN/PARCEL ID

21933

ASK ABOUT THIS PROPERTY

David GrantColliersMore Info
702-836-3785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David GrantColliersMore Info
702-836-3785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.